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Technical Analysis

Dollar Weakening as Traders Eye PCE on Friday
Dollar Weakening as Traders Eye PCE on Friday

USD Softer on TuesdayThe US Dollar remains under pressure across early European trading on Tuesday. US markets return today following the Memorial Day holiday in the states yesterday and traders are...

EURUSD H4 | Bearish reversal
EURUSD H4 | Bearish reversal

TitleEURUSD H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 1.0912, an overlap resistance close to 127.2% Fibo extension. A reverse from this level could lead...

Crude Recovering Off Key Support
Crude Recovering Off Key Support

Crude Pops on Weak USDCrude prices are turning higher today with crude futures seen rallying back above the 77.64 level following a breakdown below the level last week. A weaker US Dollar is certainly...

BTC Rally Fades on Mt. Gox Transfers
BTC Rally Fades on Mt. Gox Transfers

BTC Under PressureBitcoin prices have come under fresh selling pressure today. Following a firm push higher yesterday, BTC futures have shed almost 5% from Monday’s peak. The driver behind the move is...

GBPUSD H4 | Bearish reversal
GBPUSD H4 | Bearish reversal

TitleGBPUSD H4 | Bearish reversalTypeBearish ReversalPreference:Price is approaching the pivot of 1.2803, an overlap close to 127.2% Fibo extension. A reverse from this level could lead the price to...

AUDUSD H4 | Potential Bullish Breakout
AUDUSD H4 | Potential Bullish Breakout

TitleAUDUSD H4 | Potential Bullish BreakoutTypeBullish BreakoutPreference:Price is rising towards the pivot point of 0.6673 which is a potential breakout level and could climb higher from here; we...

Silver at a Crossroads: What’s Next?
Silver at a Crossroads: What’s Next?

The price of silver is approaching the key horizontal level of 30.00. At this stage, the asset’s price might either rebound from this level or get back under it and drop to the supporting level of...

USD Pushes Higher on Bumper PMI Data
USD Pushes Higher on Bumper PMI Data

USD Fighting BackIt’s been a wild ride for the US Dollar over the last two weeks. Following the heavy sell off we saw last Wednesday in response to softer US inflation, a string of hawkish comments...

Bitcoin Reverses From Channel Resistance
Bitcoin Reverses From Channel Resistance

Bitcoin Correction DeepensIt’s been a disappointing week for Bitcoin bulls. Following a breakout move to fresh one-month highs, BTC futures have since reversed and are now almost back down at the...